bloomberg news. cole returns to german utilities, replacing low cost nuclear. the guardian "soaring energy and housing costs forced homes to turn to food banks. "new york times." spain is energy in taking a beating. what should we observe and learn european experience? >> well, i think you to acknowledge that in terms of the in this medical policy has beenolby ha the equivalent of medieval blood letting. it is not working. notice.gs you to first of all, there is already a market developed not only to argue against taking action with respect to carbon, there is setting uplopment in these financial trading desks wants toe carbon that lobby to undertake this option. is a very strong and very large industry right now and so there are interest groups pushing for this as a solution that in fact will not work. markey?or >> thank you, mr. chairman. i want to go to the e.p.a. administrators. thank you all so much for your service over the years. here of chart u.s. g.d.p. since the great in 1929.n president johnson signed the inst clean air act into law 1963. it was amen